WASHINGTON–Sen. Elizabeth Warren (D-MA) is marking the eighth anniversary of Lehman Brothers’ bankruptcy with a renewed effort to investigate—and perhaps even jail—more than two-dozen individuals and corporations who were referred to the Justice Department for possible criminal prosecution in 2011 by the Financial Crisis Inquiry Commission, according to Bloomberg.
The FCIC is a government-appointed group that investigated the roots of the 2008 financial crisis. No one was ever prosecuted, but among the referrals were former Treasury Secretary Robert E. Rubin, who held a top job at Citigroup, and Citigroup’s former CEO, Charles Prince, Bloomberg reported.
Warren has sent a letter to the Justice Department’s inspector general calling the lack of prosecutions “outrageous and baffling” and asking the inspector general, Michael Horowitz, to investigate why no charges were brought, Bloomberg said.
“[T]he DOJ record of action on these individuals, nearly six years after DOJ received the referrals, is abysmal,” Warren wrote in the letter.
In a separate letter, to FBI Director James Comey, Warren asks for the immediate release of “any and all materials related to the FBI’s investigations and prosecutorial decisions regarding these referrals,” according to Bloomberg.
Warren urged the Justice Department inspector general to “act quickly to open an investigation” while there is still time to charge the entities that may have helped cause the crisis.”